Haley John R 4

What Happened
John R. Haley, a director of Sonoco Products Company, was granted 1,835.2 phantom stock units on April 1, 2026. The award is recorded at a per-unit value of $55.17 for a total value of $101,248. This is an award/grant (derivative) rather than an open-market purchase or sale.

Key Details

• Transaction date and value: 2026-04-01 — 1,835.2 phantom stock units @ $55.17 each = $101,248.
• Transaction type: A (Award/Grant) — derivative phantom stock units.
• Shares owned after transaction: Not disclosed in this filing.
• Filing: Form 4 filed on 2026-04-02 (timely; within required reporting window).
• Footnotes:
  • Each phantom stock unit equals the economic equivalent of one share of Sonoco common stock.
  • Units were accrued under the directors' deferred compensation plan and will be settled in Sonoco common stock six months after the reporting person's retirement.

Context
Phantom stock units are a deferred-compensation award that track the economic value of company shares but are derivative until settled. Such director awards are common compensation practice and do not by themselves indicate a buy/sell sentiment. This grant will convert to actual shares per the plan terms only after the specified settlement condition (six months post-retirement).